# Advantage Capital: portfolio, investments and team > Advantage Capital is a corporate vc based in United States. 142 investments on record, 8 in the last 12 months, latest Sept 2026. Source: https://millionrounds.com/fund/advantage-capital (Millionrounds; every figure on the page links to its filing or article) United States · [Investor](https://millionrounds.com/investors) # Advantage Capital Last cheque observed Sep 2026; 142 cheques on record. Email Deploying now New fund $31M, Dec 2025 Corporate VC Seed Series A Series B Sdg Sustainability Social Follow Advantage Capital and see its new cheques in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Ffund%2Fadvantage-capital) Deploying now **80%** of best year **8** **cheques in 12 months**, 142 on record Since the last cheque **60** days **00** hrs **00** min **00** sec Median round **$4.1M** Cheque size, as they say **$1.0M – $15M** Rounds led **1 of 142** Sole investor **48 rounds** Exits **15 from the portfolio** Mostly in **United States, 97%** Pitch Advantage Capital ## Advantage Capital highlights - 01 8 cheques in the last 12 months - 02 Mostly Venture and Series A: 73% of its rounds - 03 Sole investor in 48 rounds, median $3.6M - 04 15 exits from the portfolio ## What they do > We invest strategically in small businesses, affordable housing and energy solutions with an emphasis on driving capital to underserved areas. From their own website - **Type:** Corporate VC - **Cheque size:** $1.0M – $15M as they say - **Stages:** Seed Series A Series B Growth Pre-IPO - **Sectors:** Sdg Sustainability Social - **Based in:** New Orleans, United States - **Cold pitches:** Not accepted ## The record Every round we can evidence, newest first **142 appearances** - **2026** 6 rounds - **Sept** **[UnityLab](https://millionrounds.com/company/unitylab)** Venture · US **$870K** With 1 other - **Aug** **[Dimension Energy](https://millionrounds.com/company/dimension-energy)** Debt · US · Ventureburn **$857M** With 7 others - **Jul** **[Exum Instruments](https://millionrounds.com/company/exum-instruments)** Venture · US **$3.4M** With 1 other - **May** **[Neato](https://millionrounds.com/company/neato)** Series A · Ventureburn **$25M** *Led* - **Mar** **[Medrhythms](https://millionrounds.com/company/medrhythms)** Venture · US **$3.3M** With 2 others - **Feb** **[Opendorse](https://millionrounds.com/company/opendorse)** Venture · US **$2.1M** With 2 others - **2025** 9 rounds - **Dec** **[Noovo](https://millionrounds.com/company/noovo)** Venture · US **$2.2M** Sole investor - **Nov** **[Juristat](https://millionrounds.com/company/juristat)** Venture · US **Undisclosed** With 1 other - **Jul** **[Tonic Health](https://millionrounds.com/company/tonic-health)** Series A · US **$4.1M** Sole investor - **Jul** **[MasteryPrep](https://millionrounds.com/company/masteryprep)** Venture · US **$8.2M** Sole investor - **Jun** **[Organizational Development Resource Group](https://millionrounds.com/company/organizational-development-resource-group)** Venture · US **$3.0M** Sole investor - **Apr** **[Exum Instruments](https://millionrounds.com/company/exum-instruments)** Venture · US **$1.1M** With 2 others - **Mar** **[FlyGuys](https://millionrounds.com/company/flyguys)** Venture · US **$13M** Sole investor - **Feb** **[Gravity Diagnostics](https://millionrounds.com/company/gravity-diagnostics)** Venture · US **$5.0M** Sole investor - **Jan** **[Origis Energy](https://millionrounds.com/company/origis-energy)** Debt · US · Firms' own news pages **$415M** With 1 other - **2024** 6 rounds - **Nov** **[Servicengine Corporation](https://millionrounds.com/company/servicengine-corporation)** Venture · US **$3.8M** Sole investor - **Aug** **[Intramotev](https://millionrounds.com/company/intramotev)** Series A · US · Firms' own news pages **$14M** With 9 others - **May** **[Precipio Diagnostics](https://millionrounds.com/company/precipio-diagnostics)** Debt · US **$500K** With 3 others - **Apr** **[QuickLoadz Intermodal Robotics](https://millionrounds.com/company/quickloadz-intermodal-robotics)** Crowdfunding · US **$148K** Sole investor - **Mar** **[Cloverleaf.me](https://millionrounds.com/company/cloverleaf-me)** Series A · US **$7.3M** With 5 others - **Jan** **[mTrade](https://millionrounds.com/company/mtrade)** Venture · US **$925K** Sole investor - **2023** 8 rounds - **Dec** **[Prism.fm](https://millionrounds.com/company/prism-fm)** Series B · US **$5.0M** Sole investor - **Dec** **[Medefy](https://millionrounds.com/company/medefy)** Series A · US **$15M** With 1 other - **Dec** **[IntelliBoard](https://millionrounds.com/company/intelliboard)** Venture · US **$3.5M** With 2 others - **Dec** **[Bonrue Bakery](https://millionrounds.com/company/bonrue-bakery)** Seed · US **$1.8M** Sole investor - **Oct** **[Goodwrx](https://millionrounds.com/company/goodwrx)** Series A · US **$4.0M** Sole investor - **Sept** **[CiDRA](https://millionrounds.com/company/cidra)** Venture · US **$18M** With 1 other - **Aug** **[Phospholutions](https://millionrounds.com/company/phospholutions)** Series A · US · Firms' own news pages **$10M** With 1 other - **Jul** **[Vibrant Corporation](https://millionrounds.com/company/vibrant-corporation)** Series A · US **$3.4M** Sole investor - **2022** 8 rounds - **Dec** **[Austin Eastciders](https://millionrounds.com/company/austin-eastciders)** Venture · US **$1.8M** With 1 other - **Dec** **[The Rainforest Company](https://millionrounds.com/company/the-rainforest-company)** Venture · DE **$38M** Sole investor - **Sept** **[UnityLab](https://millionrounds.com/company/unitylab)** Series A · US **$4.2M** Sole investor - **Sept** **[Ocean Aero](https://millionrounds.com/company/ocean-aero)** Series D · US **$4.0M** With 1 other - **Aug** **[Carmigo](https://millionrounds.com/company/carmigo)** Series A · US **$7.0M** Sole investor - **Aug** **[PayIt](https://millionrounds.com/company/payit)** Venture · US **$90M** With 2 others - **Jul** **[Rush ReCommerce](https://millionrounds.com/company/rush-recommerce)** Series A · US **$13M** With 1 other - **Mar** **[Talage](https://millionrounds.com/company/talage)** Series B · US **$9.0M** With 2 others - **2021** 4 rounds - **Dec** **[Algorithmic Intuition](https://millionrounds.com/company/algorithmic-intuition)** Series A · US **$4.3M** With 1 other - **Jul** **[Delta Peanut](https://millionrounds.com/company/delta-peanut)** Venture · US **Undisclosed** Sole investor - **Mar** **[Cybrexa Therapeutics](https://millionrounds.com/company/cybrexa-therapeutics)** Series B **$25M** With 1 other An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor. ## The team Named by the firm itself, on a filing, its Form ADV or its company registration **15 named** BL **Boudreaux Lorio Franchesca** Chief Financial Officer of Advantage Capital Management Corporation i Form ADV CC **Carl Christopher Weatherley-White** Mr. Weatherley-White is a managing director of Advantage Capital Management Corporation, the investment manager i Filing they signed JR **Jeremy Robert Degenhart** Manager and Member of Advantage Capital Solar Holdings, LLC i Form ADV JI **Jonathan I. Goldstein** Member of Advantage Capital Solar Holdings, LLC i Form ADV LT **Lynn T. Ambrosy** Mr. Ambrosy is a managing director of Advantage Capital Management Corporation (ACMC). ACMC owns 100% of the manager i Filing they signed MS **M. Scott Murphy** Mr. Murphy is the vice president of Advantage Capital Management Corporation (ACMC). ACMC owns 100% of the manager i Filing they signed MS **Matthew Scott Murphy** Vice President and Board Member of Advantage Capital Management Corporation i Form ADV ME **Maurice Edward Doyle** Board Member of Advantage Capital Management Corporation i Form ADV MT **Michael Thomas Johnson** Mr. Johnson is the vice president and secretary of Advantage Capital Management Corporation (ACMC). ACMC owns 100% of the manager i Filing they signed SB **Scott Burnet** Executive Officer i Filing they signed ST **Stefan Toth** Executive Officer i Filing they signed ST **Steven Theodore Stull** President, Chief Executive Officer, Board Member and Control Through Voting Trust of Advantage Capital Management Corpor i Form ADV TD **Theodore Dubuque Louis** Member of Advantage Capital Solar Holdings 2023, LLC i Form ADV TB **Thomas Bitting** Manager and Member of Advantage Capital Solar Holdings IV, LLC i Form ADV TP **Thomas Powell** Executive Officer i Filing they signed We also hold **48** people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them. ## What the register says From the firm's own filings with the SEC, which it must file accurately by law **$1.3B** assets it manages Oct 2026 **4+** funds on file numbered funds in its name **Registered** investment adviser full reporting to the SEC - **Legal name:** Advantage Capital Investment Adviser, LLC - **SEC number:** CRD 171365 Funds on its Form ADV **10** private funds, **$257M** in gross assets · filed May 2024 - Advantage Capital Agribusiness Partners, L.P. *Private equity* 10 investors $97M - Advantage Capital Solar Partners VII, LLC *Private equity* 1 investor $57M - Advantage Capital Solar Partners VI, LLC *Private equity* 1 investor $31M - Advantage Capital Solar Partners III, LLC *Private equity* 6 investors $20M - Advantage Capital Solar Partners IV, LLC *Private equity* 3 investors $19M - Empower the Change Fund, L.P. *Private equity* 14 investors $16M - Advantage Capital Solar Partners V, LLC *Private equity* 1 investor $11M - Advantage Capital Solar Partners II, LLC *Private equity* 3 investors $2.7M - Advantage Capital Solar Partners I, LLC *Private equity* 3 investors $1.7M - Advantage Capital Solar Partners VIII, LLC *Private equity* 1 investor - ## What they claim to have backed From their own portfolio page (on their website) **0** of 1 we have independently watched raise Impact Report Weaker than a round we watched, stronger than a list somebody sold us. A firm is far less willing to put a company on its own site that it never funded. ## Exits from the portfolio Companies it backed that were later bought or listed **15 in all** **[GridPoint](https://millionrounds.com/company/gridpoint)** Bought by Twenty First Century Utilities **Undisclosed** Nov 2015 **[AxioMx](https://millionrounds.com/company/axiomx)** Bought by [Abcam](https://millionrounds.com/fund/abcam) **Undisclosed** Nov 2015 **[ArcMail](https://millionrounds.com/company/arcmail)** Bought by iGambit **Undisclosed** Nov 2015 **[BinOptics](https://millionrounds.com/company/binoptics)** Bought by M/A-COM Technology Solutions **$230M** Nov 2014 **[Pasteuria Bioscience](https://millionrounds.com/company/pasteuria-bioscience)** Bought by [Syngenta](https://millionrounds.com/fund/syngenta) **$113M** Sept 2012 **[Quickoffice](https://millionrounds.com/company/quickoffice)** Bought by [Google](https://millionrounds.com/fund/google-assistant-investments) **Undisclosed** Jun 2012 **[SoftSwitching Technologies](https://millionrounds.com/company/softswitching-technologies)** Bought by Rockwell Automation **Undisclosed** Mar 2012 **[Arc Solutions](https://millionrounds.com/company/arc-solutions)** Bought by Enghouse Interactive **Undisclosed** Aug 2011 **[Portico Learning Solutions](https://millionrounds.com/company/portico-learning-solutions)** Bought by NextLearn **Undisclosed** Jul 2011 **[Cellectar](https://millionrounds.com/company/cellectar)** Bought by Novelos Therapeutics **Undisclosed** Apr 2011 **[GridApp Systems](https://millionrounds.com/company/gridapp-systems)** Bought by BMC Software **Undisclosed** Dec 2010 **[Commerciant, LP](https://millionrounds.com/company/commerciant-lp)** Bought by BankServ **Undisclosed** May 2009 **[Adventure Central](https://millionrounds.com/company/adventure-central)** Bought by AdventureLink Travel Inc. **Undisclosed** Mar 2009 **[Allworx](https://millionrounds.com/company/allworx)** Bought by PAETEC **$25M** Nov 2007 **[Invision.com](https://millionrounds.com/company/invision-com)** Bought by mindSHIFT Technologies **Undisclosed** Sept 2007 An exit counts when it came after the firm's first round in the company. From historical deal records. New fund on file **$31M** raised in Dec 2025 From its SEC filing, not a journalist: a firm that has just raised has money to deploy. ## The cheque Seed Series A Series B Median round joined **$4.1M** the round, not its cheque Alone, median **$3.6M** Led 1 of 142 rounds **1%** - **Said size:** $1.0M – $15M - **Sole investor:** 48 rounds - **Last cheque:** Sept 2026 - **Exits:** 15 from the portfolio Rounds by stage said on their site - Venture *60* - Series A said *28* - Series B said *20* - Debt *7* - Series D *5* - Seed said *-* - Growth said *-* Cheques by month Led Joined Nov 2023 Oct 2026 Often in the room with - [Connecticut Innovations](https://millionrounds.com/fund/connecticut-innovations) 13 - [Enhanced Capital Partners](https://millionrounds.com/fund/enhanced-capital-p) 9 - [Rand Capital](https://millionrounds.com/fund/rand-capital-llc) 8 - [Louisiana Technology Innovation Fund](https://millionrounds.com/fund/louisiana-technology-innovation-fund) 6 - [Gefinor Capital](https://millionrounds.com/fund/gefinor-capital) 4 - [Ironwood Capital](https://millionrounds.com/fund/ironwood-capital) 4 **Pitching Advantage Capital?** Put them on your fundraising board with this record on the card, and follow them to hear when they write a new cheque. Add to your CRM *→* ## Who they invest alongside The investors most often in the same rounds as Advantage Capital. A count of rooms they were both in, not a relationship either has claimed. [**Connecticut Innovations** Government **13** rounds together](https://millionrounds.com/fund/connecticut-innovations)[**Enhanced Capital Partners** VC firm **9** rounds together](https://millionrounds.com/fund/enhanced-capital-p)[**Rand Capital** VC firm **8** rounds together](https://millionrounds.com/fund/rand-capital-llc)[**Louisiana Technology Innovation Fund** VC firm **6** rounds together](https://millionrounds.com/fund/louisiana-technology-innovation-fund)[**Gefinor Capital** Investment firm **4** rounds together](https://millionrounds.com/fund/gefinor-capital)[**Ironwood Capital** Private equity **4** rounds together](https://millionrounds.com/fund/ironwood-capital)[**LaunchCapital** VC firm **4** rounds together](https://millionrounds.com/fund/launchcapital)[**Stonehenge Capital** Investment firm **4** rounds together](https://millionrounds.com/fund/stonehenge-capital)[**Mayfield Fund** VC firm **3** rounds together](https://millionrounds.com/fund/mayfield)[**Prolog Ventures** VC firm **3** rounds together](https://millionrounds.com/fund/prolog-ventures)[**Shepherd Ventures** VC firm **3** rounds together](https://millionrounds.com/fund/shepherd-ventures)[**Ascent Venture Partners** VC firm **2** rounds together](https://millionrounds.com/fund/ascent-venture-partners) ## Recently backed The latest companies Advantage Capital put money into. [**UnityLab** $870K · Sept 2026](https://millionrounds.com/company/unitylab)[**Exum Instruments** $3.4M · Jul 2026](https://millionrounds.com/company/exum-instruments)[**Neato** $25M · May 2026](https://millionrounds.com/company/neato)[**Medrhythms** $3.3M · Mar 2026](https://millionrounds.com/company/medrhythms)[**Opendorse** $2.1M · Feb 2026](https://millionrounds.com/company/opendorse)[**Juristat** Nov 2025](https://millionrounds.com/company/juristat) ## Quick answers about Advantage Capital ### What does Advantage Capital invest in? Advantage Capital invests most often at Venture and Series A (73% of the rounds on record), in sectors such as Sdg, Sustainability and Social. ### How active is Advantage Capital? 142 investments on record, 8 of them in the last 12 months, and it led 1. The most recent was in Sept 2026. ### What has Advantage Capital invested in recently? Its most recent investments on record: UnityLab (Venture, Sept 2026), Dimension Energy (Debt, Aug 2026) and Exum Instruments (Venture, Jul 2026). ### How big are Advantage Capital's cheques? The median round it joins is $4.1M. It says it writes cheques of $1.0M to $15M. ### Does Advantage Capital lead rounds? Sometimes: it led 1 of its 142 investments on record (1%). ### Where does Advantage Capital invest? Most of the companies it backs are in the United States (97%). ### Is Advantage Capital investing now? Yes: it is actively investing, with 8 investments in the last 12 months. ### Who does Advantage Capital invest alongside? Most often Connecticut Innovations (13 rounds together), Enhanced Capital Partners (9 rounds together) and Rand Capital (8 rounds together). ## Raising now? Find the investors who back rounds like yours, and keep every conversation on one fundraising board. Find similar investorsOpen your CRM Built from the rounds we watched, its filings and its own website, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections?slug=advantage-capital) · [Is this your firm? Claim it](https://millionrounds.com/claim?org=advantage-capital)